34, THE BRADES, CAERLEON, NEWPORT, NP18 3PS - £109,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

34 THE BRADES is a very small terraced house of 55m², built sometime between 1976 and 1982, which could now be worth an estimated £133,898. It was last sold for £109,000 in July 2021, which was around 30% below the average July 2021 terraced price in the Newport local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

34 THE BRADES Sold Prices

Land registry data shows four sales for 34 THE BRADES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Newport local authority area for the corresponding sale date. Most of the four 34 THE BRADES sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 2 JUL	£109,000	£155,052	30% below HPI
2017 27 OCT	£126,500	£122,040	4% above HPI
2011 25 FEB	£118,000	£97,351	21% above HPI
1999 9 APR	£49,500	£39,754	25% above HPI

34 THE BRADES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Newport local authority area over time, sourced from the HPI. The four 34 THE BRADES sales between April 1999 and July 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2017 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 34 THE BRADES be worth now?

34 THE BRADES might now be worth an estimated £133,898.

This is based on house price inflation of 22.8%, between July 2021 and April 2026, for terraced houses, in the Newport local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.8% inflationary increase is applied to the most recent sale price for 34 THE BRADES of £109,000 on 2nd July 2021. For the value to have increased from £109,000 to £133,898 over the five years and three months to April 2026, the following assumptions must hold true:

• The value of 34 THE BRADES has moved in line with the HPI for terraced houses in the Newport local authority area.
• The July 2021 sale price of £109,000 represented a fair market value for the property.
• The size, condition, and specification of 34 THE BRADES has not materially changed since July 2021.

How Large is 34 THE BRADES?

34 THE BRADES is 55m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of terraced houses houses in Caerleon, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Caerleon, and where 34 THE BRADES lies on this distribution: 1% of terraced houses houses are smaller than 34 THE BRADES, and 99% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

34 THE BRADES: Plot and Title Map

34 THE BRADES sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 34 THE BRADES, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 34 THE BRADES). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 34 THE BRADES?

34 THE BRADES is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 34 on THE BRADES.